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Large Retail Building - 13,798 Sf., 1/2 Acre 101 S Anderson St

13,798 SF 100% Leased Retail Building Elwood, IN 46036 $750,000 ($54/SF)

Investment Highlights

  • City of Elwood Will Consider Tax Abatement
  • Center / Anchor Location For City of Elwood

Executive Summary

Seller Financing Is Available! This Two-Level Property, Totaling Approximately 13,798 Square Feet (Around 7,000 Sq. Ft. On The Upper Level And 7,000 Sq. Ft. In The Basement), Is Ideally Situated At The Intersection Of State Road 13 (North Anderson St) And State Road 28 (Main Street) In Downtown Elwood. Its High-Visibility Location Makes It An Excellent Choice For A Variety Of Purposes, Including A Church, Restaurant, Bar, School With Daycare, Or Event Center. For Detailed Zoning Information, Please Refer To The Attached Document.
City of Elwood Will Consider Tax Abatement!
Take A Virtual Tour Here: Https://Youtu.Be/Gwoe8bekb7a
Note: Buyers Are Responsible For All Closing Costs And Taxes At Closing. Be Sure To Factor This Into Your Offer.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
13,798 SF
Building Class
C
Year Built
1960
Price
$750,000
Price Per SF
$54
Percent Leased
100%
Building Height
1 Story
Building FAR
0.62
Land Acres
0.51 AC
Zoning
B2 - See Zoning Use Table Attached
Parking
14 Spaces (1.01 Spaces per 1,000 SF Leased)
Frontage
264 FT on Main St

Amenities

  • Banking
  • Conferencing Facility
  • Corner Lot
  • Restaurant
  • Signage
  • Drive Thru
  • Storage Space
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 48-04-15-202-088.000-027
  • 48-04-15-202-054.000-027
  • 48-04-15-202-057.000-027
Land Assessment
$50,000
Improvements Assessment
$504,300
Total Assessment
$554,300
  • Listing ID: 29575773

  • Date on Market: 9/21/2023

  • Last Updated:

  • Address: 101 S Anderson St, Elwood, IN 46036

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